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Here's the summary of Sec 1102, as linked to from the Ways & Means Committee's homepage: https://waysandmeans.house.gov/media-center/press-releases/ways-means-
by danso 8y ago
Here's the summary of Sec 1102, as linked to from the Ways & Means Committee's homepage:
https://waysandmeans.house.gov/media-center/press-releases/ways-means-committee-passes-historic-legislation-redesign-irs https://waysandmeans.house.gov/media-center/press-releases/w...
> Sec. 1102. IRS Free File Program. The IRS currently works with electronic tax preparation services to provide free tax preparation software and electronically fillable forms. This program is known as the IRS Free File program. Generally, there is no fee for taxpayers using the Free File program provided they meet certain income thresholds. This provision codifies the existing Free File program and requires the IRS to continue to work with private stakeholders to maintain, improve, and expand the program. The provision also requires Free File program members to continue to provide basic fillable forms to all taxpayers. This provision is estimated to have no revenue impact over the 10-year budget window.
- KingMachiavelli 8y agoThere's an income requirements and, at least in practice, you cannot be file 1099-MISCs which means you cannot be 'self employed' which is becoming more and more common (insert buzzphrase here) independent of actual income. Unfortunately, the people most effected by this bill are likely too busy working to afford the time to contact their representatives.